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    Economics / austerity, economic policy, GDP, government spending, Paul Ryan, Republicans /

    There He Goes Again

    March 12, 2013

    Paul Ryan is at it again. He has unveiled his new plan to cut government spending. It looks a lot like his old plan. Fiction writers like Ryan try to cultivate a loyal following by sticking with popular characters and themes. In Ryan’s case the theme is to ensure that the poor get hammered and […]

    Economics / austerity, job creation, jobless claims, jobs, unemployment /

    Jobs!

    March 8, 2013

    Today’s employment report looks good. It’s as simple as that. We don’t even need to spend time to pick apart its nuances. There aren’t many. The economy added 236,000 jobs in February. That brought the unemployment rate down to 7.7% from January’s 7.9%. Both these numbers are good news. Well, sort of. Some perspective: the […]

    Economics / austerity, medicare, plutocracy, Social Security /

    Retirement Blues

    March 7, 2013

    Kudos to Natixis, an asset management business: they have compiled a useful index to measure how retirees fare across the globe. It looks as if the place to be is Norway. Those folks rank top. The US lags way back, just ahead of the UK. The index tries to capture a holistic view of the […]

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